What Happens To L1 Tokens Today? (11 Sep 2022, Sunday)

What Happens To L1 Tokens Today? (11 Sep 2022, Sunday)


"What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily.

Here are the news for you today.

BITCOIN (BTC)

Current Price: $ 21,521 (24h Changes: 1.17 %)

Current Market Cap: $ 411,817,093,417 (24h Changes: 1.05 %)

Positive News

Unfazed By $917M Write-Off In Q2, MicroStrategy Plans To Add More Bitcoin Using Proceeds From Proposed $500M Stock Offering

Source: Benzinga

Date: Sat, 10 Sep 2022 14:06:22

MicroStrategy, Inc. (NASDAQ: MSTR) late Friday filed a Form 8-K with the SEC regarding an agreement with Cowen & Co. for the sale of up to $500 million worth of its Class A stock. What Happened: The company also filed a prospectus supplement with the SEC in connection with the offering under its existing automatic shelf-registration statement, which became effective on June 14.

MicroStrategy Files to Sell Up to $500M of Stock to Buy More Bitcoin

Source: Crypto news

Date: Sat, 10 Sep 2022 13:37:34

MicroStrategy has filed a new prospectus with the US SEC to sell as much as $500 million in stock. Proceeds may be used to buy Bitcoin.

Here's why miner capitulation is actually good news for Bitcoin

Source: CryptoSlate

Date: Sat, 10 Sep 2022 13:32:16

Bitcoin's highly volatile price has devastated the majority of the crypto market and is now dragging miners down with it. The post Here's why miner capitulation is actually good news for Bitcoin appeared first on CryptoSlate.

Neutral News

Bitcoin Price Analysis: BTC Orbits 21081 - 11 September 2022

Source: Crypto Daily

Date: Sat, 10 Sep 2022 15:13:56

BTC/USD Gains May Continue: Sally Ho's Technical Analysis at 11 September 2022. Bitcoin (BTC/USD) awaited fresh technical direction early in the Asian session as the pair orbited the 21081.65 area after peaking around the 21677.79 area, with current price activity right around the 50% retracement of the depreciating range from 25214.57 to 18527.

Billionaire Jeffrey Gundlach Correctly Predicted Bitcoin Would Retreat To $20K: Here's His Next Call

Source: Benzinga

Date: Sat, 10 Sep 2022 14:23:18

This article was originally published on June 15, 2022. Bitcoin (CRYPTO: BTC) has fallen more than 50% since the start of the year and one investor says he wouldn't be surprised to see it cut in half again.

Bitcoin (BTC) Price Prediction 2025-2030: Is BTC's $937K by 2030 target too far off?

Source: AMBCrypto

Date: Sat, 10 Sep 2022 13:15:57

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject Are you a Bitcoin holder or a trader? Yes? Well, if you are, tell me – How happy are you?

Negative News

Bitcoin [BTC]'s latest surge may not last long and the culprit is none other than...

Source: AMBCrypto

Date: Sat, 10 Sep 2022 13:30:01

The price per Bitcoin [BTC] grew by 5.16% in the last 24 hours, and stood at $21,612.76 as per data from CoinMarketCap revealed. The king coin was impacted by the broader financial assets market drawdown.

Bernstein: Bitcoin Underperforming Against Rivals

Source: Coindesk

Date: Sat, 10 Sep 2022 12:00:02

Investment firm Bernstein wrote Tuesday that bitcoin (BTC)'s correlation with other tokens will weaken as its dominance declines. Vermont authorities allege crypto lender Celsius Network misled investors about its financial health.

Bitcoin Bear Market May Continue Until the End of 2022, Will BTC Price Find its Lows?

Source: CoinPedia

Date: Sat, 10 Sep 2022 08:33:10

The crypto markets displayed diverse price actions ever since the beginning of 2022 & displayed a contrasting behavior to what was being predicted. Considering the latest price action, the Bitcoin (BTC) price marked the very much-needed 10% jump during the previous trading day.

 

ETHEREUM (ETH)

Current Price: $ 1,736.77 (24h Changes: 0.95 %)

Current Market Cap: $ 209,196,032,025 (24h Changes: 0.82 %)

Positive News

Ethereum Devs Successfully Complete Merge Shadow Fork With No 'Client Incompatibility Issues'

Source: Bitcoin

Date: Sat, 10 Sep 2022 13:30:30

Next week or roughly around four days from now, The Merge is expected to be implemented and Ethereum will transition from proof-of-work (PoW) to proof-of-stake (PoS). According to Ethereum developers, prior to the Paris upgrade, programmers successfully completed the 13th and last shadow fork.

Ethereum price analysis: ETH continues steady consolidation around $1,720, retrace incoming?

Source: Cryptopolitan

Date: Sat, 10 Sep 2022 12:09:41

Ethereum price analysis is bearish today as we have seen a new higher high set around $1,740, with consolidation following ever since. ETH/USD buyers are likely exhausted, and reversal is due over the next days.

Top Crypto Trader Predicts Sizeable Gains for Bitcoin (BTC) and Ethereum (ETH) But There's a Catch

Source: The Daily Hodl

Date: Sat, 10 Sep 2022 10:30:18

A popular crypto analyst thinks both Bitcoin (BTC) and Ethereum (ETH) could capitalize on their recent momentum and move even higher. The pseudonymous crypto trader known as Altcoin Sherpa tells his 182,800 Twitter followers that Bitcoin could soon surge by another 8% if it reaches $21,700. Squeeze came. $21,000ish hit.

Neutral News

Why Ethereum's Beacon Chain stands to be of utmost importance post-Merge

Source: AMBCrypto

Date: Sat, 10 Sep 2022 15:30:00

The Ethereum Beacon chain is a ledger of accounts that conducts and coordinates the network of stakers. It was designed to replace proof-of-work (PoW) mining on the current Ethereum Mainnet.

Ethereum Co-Founder Vitalik Buterin Surprises ETH Fans By Attending The Kyiv Tech Summit In Ukraine.

Source: EWN

Date: Sat, 10 Sep 2022 13:37:49

Ethereum co-founder Vitalik Buterin paid a surprise visit to Ukraine by attending a tech summit in Kyiv. The visit was made to extend support to Ukrainians, who are currently battling an intense war situation with Russia The Ethereum Co-founder Vitalik Buterin surprised his followers and fans earlier by attending a tech summit event in Kyiv, Ukraine.

The Final ETH Shadow Fork Is Now Live On Ethereum Mainnet

Source: EWN

Date: Sat, 10 Sep 2022 12:23:15

The thirteenth Ethereum shadow fork upgrade has been finally deployed on the mainnet. A shadow fork is simply a test fork run by the devs to check whether the network is equipped to handle the network alterations that the final upgrade will be essentially deploying on the network Nethermind, Ethereum-based research, and development company has announced that the final Ethereum shadow fork, which ultimately prepares the ETH mainnet to welcome the upcoming merge, has finally been deployed on the mainnet.

Negative News

DeFi Total Value Locked on Ethereum and Other Chains Decreasing to an 'Alarming' Levels: DappRadar Report

Source: The Daily Hodl

Date: Sat, 10 Sep 2022 14:45:26

A new DappRadar report is sounding the alarm over the sharp decrease of capital residing in the decentralized finance (DeFi) subsector. The report highlights that the total value locked (TVL) in the DeFi space witnessed a massive 70% decline in just eight months.

BINANCE (BNB)

Current Price: $ 294.23 (24h Changes: 1.0 %)

Current Market Cap: $ 48,034,021,613 (24h Changes: 1.13 %)

Positive News

Binance Coin Surpasses 1 Billion Trading Volume After BNB Network Upgrade

Source: NewsBTC

Date: Sat, 10 Sep 2022 10:55:01

There is strength in numbers and Binance Coin (BNB) has proven that time and again with its robust community of Bitcoin enthusiasts whose faith in the coin has always been its strong fortress. BNB surpasses 1 billion in terms of trading volume following network upgrade BNB price up by 2.04% Binance launches Binance Account Bond (BAB) for KYC verification Recently, Binance rolled out the Binance Account Bond (BAB) token, it's a token used to identify users of BNB that have successfully finalized KYC verification.

 

CARDANO (ADA)

Current Price: $ 0.51 (24h Changes: 3.79 %)

Current Market Cap: $ 17,382,897,619 (24h Changes: 3.71 %)

Positive News

A breakout Above This Critical level Would Sustain Gains In Cardano

Source: Coingape

Date: Sat, 10 Sep 2022 13:56:26

Cardano price edges higher amid sustained buying pressure. The price is finally able to breach the critical $0.55 level.

Flasko (FLSK) predicted to rise over 4,000% by the end of 2022 overtaking Cardano (ADA) in 2023

Source: CoinPedia

Date: Sat, 10 Sep 2022 11:52:11

Many people are continuously thinking about purchasing cryptocurrencies. Digital currencies have demonstrated over the past ten years that they may still produce considerable returns despite their volatility. The simple part is deciding to invest in cryptocurrencies. Selecting which cryptocurrencies to wager on is challenging, especially for those unfamiliar with tokenization and blockchains.

Cardano (ADA) and Solana (SOL) Predictions Looks Bearish As Top Analyst Raises The Hideaways (HDWY) Price Target

Source: Crypto Daily

Date: Sat, 10 Sep 2022 08:00:00

Both Cardano and Solana have been hugely popular investments and investors. Unfortunately both the Cardano price and Solana price have dropped significantly in the crypto market.

Neutral News

Cardano (ADA) Price Prediction 2025-2030: Is $6.5 too high a target for 2030?

Source: AMBCrypto

Date: Sat, 10 Sep 2022 14:15:03

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject 'Ethereum killer' or not, Cardano [ADA] has always had a lot of fans.

Flasko (FLSK) to become best investment in 2022 overtaking Uniswap (UNI) and Cardano (ADA)

Source: CoinPedia

Date: Sat, 10 Sep 2022 11:57:36

The digital asset space is currently in the consolidation stage since. The consolidation phase naturally leads to the ascending process. Therefore there is like only upward movement in the times ahead.

Cardano's First NFT Lending Platform Announces $25,000 in Bounty Ahead of Mainnet Launch

Source: UToday

Date: Sat, 10 Sep 2022 11:57:00

Aada Finance intends to launch in advance of Vasil upgrade

Negative News

$BTC: Cardano Founder Says White House Report Suggests Bitcoin Could be Banned in U.S.

Source: CryptoGlobe

Date: Sat, 10 Sep 2022 08:01:24

On Friday (September 9), Charles Hoskinson, Co-Founder and CEO of IOG, the blockchain technology firm behind Cardano's R&D, explained why a recently released White House report paints a worrying picture for Bitcoin in the U.S. It all started on March 9, when President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets.

 

RIPPLE (XRP)

Current Price: $ 0.36 (24h Changes: 1.53 %)

Current Market Cap: $ 17,770,336,919 (24h Changes: 1.49 %)

Positive News

Reasons why XRP's 14% uptick could turn into a full-fledged bull run

Source: AMBCrypto

Date: Sat, 10 Sep 2022 14:30:40

Ripple [XRP] is finally regaining its affinity for the upside after about three weeks of weak price action. The cryptocurrency slipped out of its short-term ascending channel after a bearish performance at the end of August.

Neutral News

XRP Lawsuit: Ripple Aims For Ultimate Win As Case With The SEC Inches Towards The ‘End Game'

Source: Zycrypto

Date: Sat, 10 Sep 2022 11:20:57

Ripple Labs and the Securities and Exchange Commission (SEC) have filed a joint proposal hinting at a speedy resolution of the case.

Ripple CTO David Schwartz Explains Why XRPL Is Better Than All Mainstream Blockchains

Source: UToday

Date: Sat, 10 Sep 2022 10:16:00

Seasoned software developer David Schwartz, chief technology officer (CTO) of fintech decacorn Ripple, indicates advantages XRP Ledger has over its major competitors

SEC v Ripple: Has the SEC's latest filing put some life into this legal battle

Source: AMBCrypto

Date: Sat, 10 Sep 2022 09:30:11

The legal battle between the American regulators and Ripple has been quiet for a couple of days now. However, there has been an uptick in activity in the matter of late.

Negative News

XRP Price Pressure Likely to Return as the Court Takes Time to Deliver

Source: FXEmpire

Date: Sat, 10 Sep 2022 06:17:56

Following Friday's return to $0.35, XRP visited $0.36 today. However, the delayed Court decision and a vocal SEC Chair could test XRP holder resilience.

 

SOLANA (SOL)

Current Price: $ 34.72 (24h Changes: -0.05 %)

Current Market Cap: $ 12,251,943,966 (24h Changes: -0.02 %)

Positive News

Cardano (ADA) and Solana (SOL) Predictions Looks Bearish As Top Analyst Raises The Hideaways (HDWY) Price Target

Source: Crypto Daily

Date: Sat, 10 Sep 2022 08:00:00

Both Cardano and Solana have been hugely popular investments and investors. Unfortunately both the Cardano price and Solana price have dropped significantly in the crypto market.

Neutral News

How these Solana [SOL] collaborations led to a >$1B redemption- What next

Source: AMBCrypto

Date: Sat, 10 Sep 2022 08:30:35

After some days of abysmal performance, Solana [SOL] rode its horse back to a $1 billion trading volume. Regarded as one of the fastest growing ecosystems in the crypto space, SOL lost grip of the $1 billion volume when the price plunged from $33.44 to $30.62 on 7 September.

Solana (SOL) and Cardano (ADA) holders sell to buy into Flasko (FLSK) presale

Source: Crypto Daily

Date: Sat, 10 Sep 2022 07:45:00

The year 2022 was very unusual. People had high expectations for it, but as Bitcoin (BTC) entered a downtrend, their hopes were dashed and many had to sell their portfolios.

ADA, DOT, ETH, and SOL Weekly Review

Source: FXEmpire

Date: Sat, 10 Sep 2022 05:04:09

It is a bullish week for the crypto market, with investors seemingly resigned to Fed monetary policy. The nearing Merge supported an ETH return to $1,700.

 

The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by Pascal Bernardon

 

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
What Happens To Crypto Today?

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